The Traderszone Network

Published in TZ Latest News 17 January, 2017 by The TZ Newswire Staff

Why Shares of Conn’s Dropped 46% in 2016

Image source: Conn’s.

Shares of consumer electronics and furniture retailer Conn’s (NASDAQ: CONN) tumbled 46% in 2016, according to data provided by S&P Global Market Intelligence. A combination of slumping comparable-store sales and continued losses in the credit business led to the decline.

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